Research Project · Technology commercialization and innovation
Maryland Innovation Initiative
Maryland Technology Development Corporation (TEDCO)www.tedcomd.com (opens in a new tab)Catalog updated
- Amount
- $430,000
- Program type
- Research Project
- Field
- Technology commercialization and innovation
- Eligible career stages
- Not listed
About this program
The Maryland Innovation Initiative (MII), a collaboration between TEDCO, the State of Maryland, and five qualifying universities, funds the commercialization of university research through technology validation, market assessment, and startup formation. Awards total up to $430,000, including Technology Assessment grants of up to $130,000 for sole applicants or $180,000 for joint applications, and Company Formation investments of up to $300,000. Full-time faculty at the five qualifying universities may apply for Technology Assessment funding, while Maryland-based startups with recently licensed university technology may apply for Company Formation funding. Applicants must have university-owned technology disclosed to a technology transfer office with appropriate intellectual property protection, engage a Site Miner at least 30 days before submission, and apply by January 15, April 15, July 15, or October 15.
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